Google street view image for 263 Peninsula Rd, Medicine Lake, MN 55441

Off market nov 1982 for $187K

$1,374,319

Est. refi paymentEst. refi $1,295/mo

•

4 ba

•

4,308

sq ft

263 Peninsula Rd, Medicine Lake, MN 55441

About this home

263 Peninsula Rd is a 4,308 square foot house on a 0.45 acre lot with 5 bedrooms and 4 bathrooms. - it last sold on November 01, 1982 for $187,000. Based on Redfin's Medicine Lake data, we estimate the home's value is $1,374,319.

Single-familyProperty Type

1973Year Built

0.45 acresLot Size

$319Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$1,374,319

$1.2M since sold in November 1982$13K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 28.6% higher than the average sale price ($1.07M) of 6 comparable homes.

SOLD OCT 15, 2026
$1,550,000
A
4 beds5 baths— sq ft
162 Peninsula Rd, Medicine Lake, MN 55441
SOLD JUL 17, 2026
$1,750,000
B
5 beds4 baths— sq ft
178 Peninsula Rd, Medicine Lake, MN 55441
SOLD AUG 26, 2026
$680,000
C
4 beds4 baths— sq ft
905 Windemere Curv, Plymouth, MN 55441
SOLD AUG 31, 2026
$1,310,000
D
5 beds4 baths— sq ft
100 Peninsula Rd, Medicine Lake, MN 55441
SOLD JUN 25, 2026
$591,000
E
4 beds4 baths— sq ft
10905 34th Ave N, Plymouth, MN 55441
SOLD JUL 24, 2026
$530,000
F
4 beds2 baths— sq ft
2635 Norwood Ln N, Plymouth, MN 55441

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Earn from this home

Sell

$1,293,348

Est. take-home

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Est. cash available

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Rent

$3,984/mo

Redfin rental estimate

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Market trends in 55441, MN

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

101.1%

0.5% MoM

Median sale price

$456K

$44K MoM

Avg. days on market

19d

2 days MoM

Recently sold homes

15 MoM

New listings for sale

$800,000
4 beds4 baths3,276 sq ft
525 Sycamore Cir, Plymouth, MN 55441
$469,900
4 beds2 baths1,840 sq ft
10425 32nd Ave N, Plymouth, MN 55441
$494,900
4 beds3 baths2,211 sq ft
11440 41st Ave N, Plymouth, MN 55441
$315,000
3 beds1 bath1,406 sq ft
1010 Evergreen Ln N, Plymouth, MN 55441
$400,000
3 beds2 baths1,730 sq ft
11510 3rd Ave N, Plymouth, MN 55441
$449,900
4 beds2 baths1,672 sq ft
12635 26th Ave N, Plymouth, MN 55441
$549,900
5 beds4 baths3,758 sq ft
3620 Evergreen Ln N, Plymouth, MN 55441
$319,900
3 beds2 baths1,802 sq ft
3532 Pilgrim Ln N, Plymouth, MN 55441
See all

Provided by Redfin

Sale history for 263 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$21,179 (+1.5%)

$877,500 + $566,400

$1,443,900

2025

$20,857 (+7.3%)

$925,600 + $558,800

$1,484,400

2024

$19,431 (+10.3%)

$864,500 + $556,400

$1,420,900

2023

$17,619 (+16.4%)

$751,000 + $489,000

$1,240,000

2022

$15,133 (+10.6%)

$552,000 + $398,000

$950,000

2021

$13,682 (−2.3%)

$540,000 + $341,000

$881,000

2020

$14,000 (−4.2%)

$540,000 + $325,000

$865,000

2019

$14,613 (−3.1%)

$540,000 + $395,000

$935,000

2018

$15,084 (+8.3%)

$540,000 + $396,000

$936,000

2017

$13,929 (+3.9%)

$540,000 + $394,000

$934,000

2015

$13,405 (+4.4%)

$505,000 + $375,000

$880,000

2014

$12,844 (−0.7%)

$455,000 + $363,000

$818,000

2013

$12,931 (−7.3%)

$431,000 + $382,000

$813,000

2012

$13,948

$554,000 + $358,000

$912,000

Tax history for 263 Peninsula Rd

Year

Property tax

Land + Additions

Assessment*

2026

$21,179 (+1.5%)

$877,500 + $566,400

$1,443,900

2025

$20,857 (+7.3%)

$925,600 + $558,800

$1,484,400

2024

$19,431 (+10.3%)

$864,500 + $556,400

$1,420,900

2023

$17,619 (+16.4%)

$751,000 + $489,000

$1,240,000

2022

$15,133 (+10.6%)

$552,000 + $398,000

$950,000

2021

$13,682 (−2.3%)

$540,000 + $341,000

$881,000

2020

$14,000 (−4.2%)

$540,000 + $325,000

$865,000

2019

$14,613 (−3.1%)

$540,000 + $395,000

$935,000

2018

$15,084 (+8.3%)

$540,000 + $396,000

$936,000

2017

$13,929 (+3.9%)

$540,000 + $394,000

$934,000

2015

$13,405 (+4.4%)

$505,000 + $375,000

$880,000

2014

$12,844 (−0.7%)

$455,000 + $363,000

$818,000

2013

$12,931 (−7.3%)

$431,000 + $382,000

$813,000

2012

$13,948

$554,000 + $358,000

$912,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Basement Information
Basement Sq. Ft: 1,833
Basement Finish: Partially Finished

Bathroom Information
# of Full Baths: 3
# of 3/4 Baths: 1

Heating & Cooling
Heating Type: Forced Air

Fireplace Information
Has Fireplace

Room Information
# of Rooms: 13

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Concrete Block
Exterior Wall: Wood
Roof Covering Type: Asphalt
Roof Framing Type: Wood
Roof Shape Type: Flat

Property Information
Subdivision Name: REPLAT MEDICINE LAKE PARK 1ST DIV-BLK 8
Living Sq. Ft: 4,308
Gross Sq. Ft: 5,699
Adjusted Gross Sq. Ft: 4,716
Ground Floor Sq. Ft: 1,874
Building Sq. Ft: 5,699
# of Stories: 2
Stories Type: 2
Legal Description: LOT 014 BLOCK 001 REPLAT MEDICINE LK PARK 1ST DIV-BLK 8 INCL ADJ 1/2 OF ST VAC

Parking & Garage Information
# of Parking Spaces: 4
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 1,024
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 19,602
Legal Lot Number: 14
Legal Block Number: 1
Municipality Name: MEDICINE LAKE
Acres: 0.45
Depth Footage: 285
Front Footage: 90
County Use Description: RESID. LAKE SHORE

Location Information
Parcel Location Influence: Lake

Utility Information
Electricity / Wiring Type: Average Wiring

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 5
Baths: 4.0
Sq. Ft.: 4,308
Stories: 2.0
Lot Size: 0.45 acres
Style: Single Family Residential
Year Built: 1973
Year Renovated: 1990
County: Hennepin County
APN: 26 118 22 14 0052

Home facts updated by county records on Oct 17, 2026

Around this home

Schools

Sunset Hill Elementary School

Public K-5 • Assigned • 1.8mi

8/10

Wayzata East Middle School

Public 6-8 • Assigned • 1.6mi

9/10

Wayzata High School

Public 9-12 • Assigned • 5.2mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 13 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Medicine Lake, MN • 55441

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.31M – $1.58M

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Half-acre lot • New roof • Spacious deck

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3 beds2 baths1,730 sq ft

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Fenced backyard • Creek running thru • Fenced patio

$449,900

4 beds2 baths1,672 sq ft

12635 26th Ave N, Plymouth, MN 55441

Updated kitchen • Quartz countertops • New windows

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5 beds4 baths3,758 sq ft

3620 Evergreen Ln N, Plymouth, MN 55441

0.36 acre lot • 2 garage spots • Built 1976

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3 beds2 baths1,802 sq ft

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New vanity • Double closets • Tiled floor

Home values near 263 Peninsula Rd

Data from public records.

Address	Redfin Estimate
267 Peninsula Road, Medicine Lake, MN 4 Beds \| 3.5 Baths \| 2834 Sq. Ft.	$1,219,954
2631 Peninsula Road #2, Medicine Lake, MN 7 Beds \| 4 Baths \| - Sq. Ft.	$1,777,236

Address	Redfin Estimate
241 Peninsula Road, Medicine Lake, MN 3 Beds \| 2 Baths \| 1372 Sq. Ft.	$637,492
265 Peninsula Road, Medicine Lake, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,123,166

Address	Redfin Estimate
262 Peninsula Road, Medicine Lake, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,363,465
270 Peninsula Road, Medicine Lake, MN 4 Beds \| 2 Baths \| 2526 Sq. Ft.	$847,831

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